Bill > HJR16

This resolution urges the Export-Import Bank of the United States (EXIM Bank) to reconsider its funding strategy for international liquefied natural gas (LNG) projects, specifically focusing on the Mozambique LNG project and advocating for prioritizing domestic projects like the Alaska Liquefied Natural Gas project. The resolution highlights that EXIM Bank approved a $4.7 billion loan for the Mozambique project, which has a planned export capacity of up to 43 million metric tons per year, and expresses concerns that this funding could potentially undermine domestic energy security and compete with the Alaska LNG project. The Alaska project, managed by the Alaska Gasline Development Corporation, involves an 807-mile pipeline, a gas treatment plant, and an LNG facility targeting first exports by 2031, with the potential to export up to 20 million metric tons annually. The resolution also notes potential human rights concerns with the Mozambique project and argues that prioritizing foreign LNG projects may reduce demand for domestic LNG and compromise long-term national export goals. Ultimately, the resolution requests that EXIM Bank provide equivalent support for the Alaska LNG project and reconsider the alignment of the Mozambique project with national energy security objectives.

Agriculture and Natural Resources

https://www.akleg.gov/basis/Bill/Detail/34?Root=HJR16